1/436 Neerim Road, Murrumbeena, VIC 3163 | Property Value & History | OnTheHouse
OFF MARKET

1/436 Neerim Road
Murrumbeena VIC 3163

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 150m2
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Property Details for 1/436 Neerim Rd, Murrumbeena

Building Type
Commercial
Land Size
150m2
Local Government
Glen Eira

Last Listing description (December 2022)

Ray White Commercial Ferntree Gully is pleased to present for Lease, this versatile first floor commercial property which is located in a prominent position opposite Murrumbeena train station, and major arterial roads.

Situated near the intersection of Neerim and Murrumbeena Road, this property offers maximum exposure to the adjacent train station as well as the busy retail precinct. The total building are for this property is 76sqm*. Zoned commercial 1, the property consists of a large open area, two rooms which would make ideal offices or treatment rooms and a fully equipped kitchen space.


Features include full bathroom facilities, ducted heating, evaporative cooling, polished flooring and plenty of natural lighting. Parking is available on street level at Neerim Road.

Total Building Area 76sqm*
Zoned Commercial 1
Ducted Heating / Evaporative Cooling
Prominent bustling location
Kitchen and bathroom facilities
Directly Adjacent to Murrumbeena Station
*approx.

For further information on this property please call Bree Taylor on 0438424807 or Paul Waterhouse on 0417660153.

Property History for 1/436 Neerim Rd, Murrumbeena, VIC 3163

A timeline of how this property has performed in the market
Listed for Rent
$479/w
23 Dec 2022
  • 10 Oct 2022
    Listed for Rent - Price not available
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About Murrumbeena 3163

The size of Murrumbeena is approximately 2.6 square kilometres. It has 8 parks covering nearly 9.6% of total area. The population of Murrumbeena in 2016 was 9926 people. By 2021 the population was 9996 showing a population growth of 0.7% in the area during that time. The predominant age group in Murrumbeena is 30-39 years. Households in Murrumbeena are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Murrumbeena work in a professional occupation.In 2021, 61.60% of the homes in Murrumbeena were owner-occupied compared with 59.50% in 2016.

Murrumbeena has 5,775 properties. Over the last 5 years, Houses in Murrumbeena have seen a 0.08% increase in median value, while Units have seen a -6.41% decrease. As at 31 March 2026:

  • The median value for Houses in Murrumbeena is $1,604,502 while the median value for Units is $587,089.
  • Houses have a median rent of $770 while Units have a median rent of $500.
There are currently 16 properties listed for sale, and 9 properties listed for rent in Murrumbeena on OnTheHouse. According to Cotality's data, 274 properties were sold in the past 12 months in Murrumbeena.

Suburb Insights for Murrumbeena 3163

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.